View ValuationAfrican Rainbow Minerals 향후 성장Future 기준 점검 4/6African Rainbow Minerals (는) 각각 연간 21.4% 및 9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 27.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.7% 로 예상됩니다.핵심 정보21.4%이익 성장률27.16%EPS 성장률Metals and Mining 이익 성장18.3%매출 성장률9.0%향후 자기자본이익률8.67%애널리스트 커버리지Low마지막 업데이트05 May 2026최근 향후 성장 업데이트공시 • Aug 25African Rainbow Minerals Limited Provides Earnings Guidance for the Financial Year Ended 30 June 2023African Rainbow Minerals Limited provided earnings guidance for the Financial Year ended 30 June 2023. For the year, the company expects Basic earnings for F2023 are expected to decrease by between 33% and 42% to between ZAR 207 million and ZAR 325 million (F2022: ZAR 426 million) while basic earnings per share for F2023 are expected to decrease to between 3,679 and 4,250 cents (F2022: 6,343 cents).공시 • Feb 17African Rainbow Minerals Limited Provides Earnings Guidance for First Half of 2023African Rainbow Minerals Limited provided earnings guidance for first half of 2023. For the period, Basic earnings per share are therefore expected to be between ZAR 2.147 cents and ZAR 2.306 cents (1H F2022: 1.988 cents). Basic earnings are expected to increase by between 8% and 16% to between R4 204 million and R4 516 million (1H F2022: R3893 million).공시 • Feb 19African Rainbow Minerals Limited Provides Earnings Guidance for the Six Months Ended 31 December 2021African Rainbow Minerals Limited provided earnings guidance for the six months ended 31 December 2021. For the period, Headline earnings for 1H F2022 are expected to decrease by between 24% and 33% compared to the corresponding six months ended 31 December 2020 (1H F2021) to between ZAR 376 million and ZAR 830 million. Headline earnings per share are therefore expected to be between 1,733 cents and 1,966 cents. Basic earnings for 1H F2022 are expected to decrease by between 17% and 26% to between ZAR 602 million and ZAR 040 million while basic earnings per share are expected to be between 1,849 cents and 2,074 cents.모든 업데이트 보기Recent updates공시 • May 14Norges Bank acquired 5.02% stake in African Rainbow Minerals Limited (JSE:ARI).Norges Bank acquired 5.02% stake in African Rainbow Minerals Limited (JSE:ARI) on May 13, 2026. Norges Bank completed the acquisition of 5.02% stake in African Rainbow Minerals Limited (JSE:ARI) on May 13, 2026.공시 • Feb 17African Rainbow Minerals Limited Announces Changes to the Board of Directors and Appointment of Chief Operating Officer, Effective February 16, 2026African Rainbow Minerals Limited announced that Dr. Patrice Motsepe retired from his position as Executive Chairman and as an employee of the Company with effect from and including February 16, 2026. Dr. Motsepe will continue to be a director of the Company, and will serve as the non-executive Chairman of the Board with effect from and including February 16, 2026 in compliance with the Listings Requirements. Dr. Motsepe is the Founder of ARM and after having performed the role of Executive Chairman of the Company for many years, has transitioned to a non-executive role. Mr. David Noko will continue in his role as the Company’s Lead Independent Non-executive Director. Also with effect from February 16, 2026, Mr. Jacob van der Bijl (“Jacques”) was appointed as the new Chief Operating Officer of the Company. Jacques is a world class mining engineer and has been working for ARM for many years.공시 • Jan 14+ 1 more updateAfrican Rainbow Minerals Limited to Report First Half, 2026 Results on Mar 06, 2026African Rainbow Minerals Limited announced that they will report first half, 2026 results on Mar 06, 2026공시 • Oct 29African Rainbow Minerals Limited, Annual General Meeting, Dec 05, 2025African Rainbow Minerals Limited, Annual General Meeting, Dec 05, 2025. Location: boardrooms 6 and 7, of the sandton convention centre, corner of fifth and maude streets, sandton South Africa공시 • Apr 09African Rainbow Minerals Limited Announces Executive ChangesAfrican Rainbow Minerals Limited announced that the current Chief Executive of ARM Platinum, Mr. Hamilton Luthando Mkatshana ("Thando Mkatshana"), will be replaced by Mr. Johan Christian Jansen ("Johan Jansen") who will be the Acting Chief Executive of ARM Platinum until the permanent Chief Executive of ARM Platinum has been appointed. Johan Jansen has been with ARM Platinum for twelve years and the general managers of all of ARM's Platinum mines are currently reporting to him. Thando Mkatshana will be appointed as the Chief Executive of ARM Technical Services. In this new role his responsibilities will include the provision of technical services to the ARM Group.공시 • Mar 07African Rainbow Minerals Limited Declares an Interim Dividend for the Six Months Ended 31 December 2024, Payable on 7 April 2025African Rainbow Minerals Limited announced for the first half of 2025, the board approved and declared an interim dividend of 450 cents per share (gross) (first half of 2024: 600 cents per share). The amount to be paid is approximately ZAR 1,011 million. A gross dividend of 450 cents per ordinary share, being the dividend for the six months ended 31 December 2024, has been declared payable on 7 April 2025 to those shareholders recorded in the books of the company at the close of business on 4 April 2025. Ordinary shares trade ex-dividend from 2 April 2025.공시 • Feb 14+ 1 more updateAfrican Rainbow Minerals Limited to Report Fiscal Year 2025 Results on Sep 05, 2025African Rainbow Minerals Limited announced that they will report fiscal year 2025 results on Sep 05, 2025공시 • Feb 07African Rainbow Minerals Limited Announces Changes to the Board of Directors and Board CommitteesAfrican Rainbow Minerals Limited announced changes to the ARM Board of Directors and Board committees. The Board of African Rainbow Minerals Limited announced the appointment of Ms Tshifhiwa Gladys Ramuthaga and Mr. Peter William Steenkamp as Independent Non-executive Directors of the Company with effect from and including 6 February 2025, until such appointments are confirmed by the shareholders of the Company at ARM's next annual general meeting. The Board also announces that Mr. Alexander Komope Maditsi will step down as an Independent Non- executive Director of ARM with effect from and including 30 June 2025. The Board has approved the separation of the functions of the Investment and Technical Committee by establishing an Investment Committee and a Technical Committee. The membership of these Board committees, with effect from and including 6 February 2025, is as follows: · The following Independent Non-executive Directors have been appointed as members of the Investment Committee: Mr. Bongani Nqwababa (Chairman); Mr. Frank Abbott; Mr. Thomas Andrew Boardman; Mr. Anton Dirk Botha; Mr. Brian Kennedy; Mr. A K Maditsi; Ms Pitsi Josephine Mnisi; Mr. David Collen Noko; and Mr. Jan Christiaan Steenkamp. · The following Independent Non-executive Directors have been appointed as members of the Technical Committee: Mr. J C Steenkamp (Chairman); Mr. F Abbott; Mr. D C Noko; Mr. B Nqwababa; and Mr. P W Steenkamp.Buy Or Sell Opportunity • Nov 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.3% to €8.85. The fair value is estimated to be €11.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 35%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Reported Earnings • Nov 06Full year 2024 earnings released: EPS: R16.05 (vs R41.21 in FY 2023)Full year 2024 results: EPS: R16.05 (down from R41.21 in FY 2023). Revenue: R11.4b (down 22% from FY 2023). Net income: R3.15b (down 61% from FY 2023). Profit margin: 28% (down from 55% in FY 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €10.30, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.09 per share.Upcoming Dividend • Sep 26Upcoming dividend of R9.00 per shareEligible shareholders must have bought the stock before 02 October 2024. Payment date: 07 October 2024. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.0%).Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €8.95, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.38 per share.Declared Dividend • Sep 09Final dividend of R9.00 announcedShareholders will receive a dividend of R9.00. Ex-date: 2nd October 2024 Payment date: 7th October 2024 Dividend yield will be 118%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (225% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.9% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Sep 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 180% Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (28% net profit margin).Reported Earnings • Sep 06Full year 2024 earnings released: EPS: R16.04 (vs R41.20 in FY 2023)Full year 2024 results: EPS: R16.04 (down from R41.20 in FY 2023). Revenue: R11.4b (down 22% from FY 2023). Net income: R3.15b (down 61% from FY 2023). Profit margin: 28% (down from 55% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.공시 • Sep 05+ 1 more updateAfrican Rainbow Minerals Limited Announces Board and Committee ChangesThe Board of African Rainbow Minerals Limited (ARM) announced that Mr. Alexander (Alex) Komope Maditsi is stepping down from his position as the Lead Independent Non-executive Director of ARM with effect from and including 3 September 2024. Mr. Maditsi is also stepping down from his position as the Chairman of both the Nomination Committee and the Non-executive Directors' Committee of the Company with effect from and including 3 September 2024. Mr. Maditsi will continue as an Independent Non-executive Director of the Board. The Board announced the appointment of Mr. David Collen Noko, who is an Independent Non-executive Director of the Company: as the Lead Independent Non-executive Director of ARM; to the Nomination Committee; and as the Chairman of the Nomination Committee and the Non-executive Directors' Committee, with effect from and including 3 September 2024. Mr. Noko will be stepping down from his position as the Chairman of the Investment and Technical Committee with effect from and including 3 September 2024. The Board announced the appointment of Mr. Bongani Nqwababa, who is an Independent Non-executive Director of the Company, as a member and Chairman of the Investment and Technical Committee. The company announced that Mr. Wilson Mangisi Gule will be stepping down from his position as a director of ARM with effect from and including 3 September 2024.Buy Or Sell Opportunity • Aug 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €9.20. The fair value is estimated to be €11.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 66% in the next 2 years.Buy Or Sell Opportunity • Jul 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to €12.20. The fair value is estimated to be €10.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.Buy Or Sell Opportunity • May 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to €11.40. The fair value is estimated to be €9.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 39% in the next 2 years.Buy Or Sell Opportunity • Apr 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €9.70. The fair value is estimated to be €7.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 71% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €8.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.92 per share.Upcoming Dividend • Mar 27Upcoming dividend of R6.00 per shareEligible shareholders must have bought the stock before 03 April 2024. Payment date: 08 April 2024. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.2%).Reported Earnings • Mar 12First half 2024 earnings released: EPS: R6.20 (vs R22.38 in 1H 2023)First half 2024 results: EPS: R6.20 (down from R22.38 in 1H 2023). Revenue: R5.82b (down 34% from 1H 2023). Net income: R1.22b (down 72% from 1H 2023). Profit margin: 21% (down from 50% in 1H 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Declared Dividend • Mar 11First half dividend of R6.00 announcedShareholders will receive a dividend of R6.00. Ex-date: 3rd April 2024 Payment date: 8th April 2024 Dividend yield will be 75%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) nor is it covered by cash flows (155% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 24% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Mar 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 42% Last year net profit margin: 69% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Cash payout ratio: 155% Minor Risk Profit margins are more than 30% lower than last year (42% net profit margin).공시 • Mar 08African Rainbow Minerals Limited Announces Interim Dividend for the Six Months Ended 31 December, 2023, Payable on 8 April 2024African Rainbow Minerals Limited announced that for the six months ended 31 December, 2023, the board approved and declared an interim dividend of 600 cents per share (gross) (first half 2023: 1,400 cents per share). The amount to be paid is approximately ZAR 1,348 million. The dividend is payable on 8 April 2024 to those shareholders recorded in the books of the Company at the close of business on 5 April 2024.공시 • Feb 01African Rainbow Minerals Limited to Report Fiscal Year 2024 Results on Sep 06, 2024African Rainbow Minerals Limited announced that they will report fiscal year 2024 results on Sep 06, 2024공시 • Dec 11African Rainbow Minerals Limited Announces Audit and Risk Committee AppointmentsAfrican Rainbow Minerals Limited at its Annual General Meeting held on 8 December 2023, approved appointment of Mr. F Abbott and Mr. B Nqwababa as Audit and Risk Committee Members.공시 • Nov 25African Rainbow Minerals Limited (JSE:ARI) signed an agreement to acquire 50% Participation Interest in Nkomati mine from Norilsk Nickel Africa Proprietary Limited for R1 million.African Rainbow Minerals Limited (JSE:ARI) signed an agreement to acquire 50% Participation Interest in Nkomati mine from Norilsk Nickel Africa Proprietary Limited for R1 million on November 24, 2023. The PSA provides for terms customary in agreements of this nature and includes (amongst other things): (i) limitations on liability and certain negotiated warranties, indemnities and undertakings; (ii) provisions governing the operation of the Nkomati mine during the interim period; and (iii) customary termination rights. The existing partnership agreement between ARM and NNAf in relation to the Nkomati mine will terminate immediately following successful closing of the Transaction on the closing date. The Transaction is subject to certain conditions precedent, including, but not limited to: - approval from the South African Competition Authorities in terms of the Competition Act, 89 of 1998; and - consent in terms of Section 11 of the Mineral and Petroleum Resources Development Act, 28 of 2002 ("MPRDA"). The Transaction is expected to close during 2024.공시 • Oct 27African Rainbow Minerals Limited, Annual General Meeting, Dec 08, 2023African Rainbow Minerals Limited, Annual General Meeting, Dec 08, 2023, at 13:00 South Africa Standard Time. Location: Sandton Convention Centre corner of Fifth and Maude Streets Sandton South AfricaValuation Update With 7 Day Price Move • Oct 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.05, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.74 per share.Upcoming Dividend • Sep 27Upcoming dividend of R12.00 per share at 16% yieldEligible shareholders must have bought the stock before 04 October 2023. Payment date: 09 October 2023. Payout ratio is a comfortable 63% and the cash payout ratio is 79%. Trailing yield: 16%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (8.9%).Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €8.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.42 per share.공시 • Sep 05African Rainbow Minerals Limited Announces Final Cash Dividend Declaration for the Financial Year Ended 30 June 2023African Rainbow Minerals Limited announced that a final dividend of ZAR 12.00 per share is declared (F2022: ZAR 20.00 per share). A gross dividend of ZAR 12.00 per ordinary share, being the dividend for the year ended 30 June 2023, has been declared payable on 9 October 2023 to those shareholders recorded in the books of the company at the close of business on 6 October 2023.공시 • Aug 25African Rainbow Minerals Limited Provides Earnings Guidance for the Financial Year Ended 30 June 2023African Rainbow Minerals Limited provided earnings guidance for the Financial Year ended 30 June 2023. For the year, the company expects Basic earnings for F2023 are expected to decrease by between 33% and 42% to between ZAR 207 million and ZAR 325 million (F2022: ZAR 426 million) while basic earnings per share for F2023 are expected to decrease to between 3,679 and 4,250 cents (F2022: 6,343 cents).Buying Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €13.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to decline by 36% in the next 2 years.Upcoming Dividend • Mar 22Upcoming dividend of R14.00 per share at 14% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 52% and the cash payout ratio is 80%. Trailing yield: 14%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (8.6%).Buying Opportunity • Feb 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €17.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 0.2% per annum over the same time period.공시 • Feb 17African Rainbow Minerals Limited Provides Earnings Guidance for First Half of 2023African Rainbow Minerals Limited provided earnings guidance for first half of 2023. For the period, Basic earnings per share are therefore expected to be between ZAR 2.147 cents and ZAR 2.306 cents (1H F2022: 1.988 cents). Basic earnings are expected to increase by between 8% and 16% to between R4 204 million and R4 516 million (1H F2022: R3893 million).공시 • Jan 22+ 1 more updateAfrican Rainbow Minerals Limited to Report Fiscal Year 2023 Results on Sep 04, 2023African Rainbow Minerals Limited announced that they will report fiscal year 2023 results on Sep 04, 2023Recent Insider Transactions • Nov 18Non-Executive Director recently sold €543k worth of stockOn the 14th of November, Michael Arnold sold around 33k shares on-market at roughly €16.31 per share. This transaction amounted to 51% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €12.90, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.61 per share.Upcoming Dividend • Sep 21Upcoming dividend of R20.00 per shareEligible shareholders must have bought the stock before 28 September 2022. Payment date: 03 October 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (10%).Reported Earnings • Sep 07Full year 2022 earnings released: EPS: R63.43 (vs R64.64 in FY 2021)Full year 2022 results: EPS: R63.43 (down from R64.64 in FY 2021). Revenue: R16.9b (down 14% from FY 2021). Net income: R12.4b (down 1.6% from FY 2021). Profit margin: 74% (up from 64% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to €14.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 80% over the past three years.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €13.90, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 79% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of R12.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 April 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 14%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (8.1%).Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to €18.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 154% over the past three years.공시 • Mar 05African Rainbow Minerals Limited Announced Interim Dividend for First Half Ended December 31, 2021, Payable on April 4, 2022African Rainbow Minerals Limited announced that the Board approved and declared an interim dividend of 1,200 cents per share for the six months ended December 31, 2021, has been declared payable on April 4, 2022 to those shareholders recorded in the books of the company at the close of business on 1 April 2022.공시 • Feb 19African Rainbow Minerals Limited Provides Earnings Guidance for the Six Months Ended 31 December 2021African Rainbow Minerals Limited provided earnings guidance for the six months ended 31 December 2021. For the period, Headline earnings for 1H F2022 are expected to decrease by between 24% and 33% compared to the corresponding six months ended 31 December 2020 (1H F2021) to between ZAR 376 million and ZAR 830 million. Headline earnings per share are therefore expected to be between 1,733 cents and 1,966 cents. Basic earnings for 1H F2022 are expected to decrease by between 17% and 26% to between ZAR 602 million and ZAR 040 million while basic earnings per share are expected to be between 1,849 cents and 2,074 cents.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to €15.20, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 111% over the past three years.Reported Earnings • Oct 22Full year 2021 earnings released: EPS R64.64 (vs R20.42 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R19.7b (up 69% from FY 2020). Net income: R12.6b (up 218% from FY 2020). Profit margin: 64% (up from 34% in FY 2020). The increase in margin was primarily driven by higher revenue. Production and reserves: Gold Production: 1,537.6 troy koz (1,219.4 troy koz in FY 2020) Number of mines: 3 Iron Production: 7.965 Mt (8.046 Mt in FY 2020) Proved and probable reserves (ore): 483.2 Mt Number of mines: 3 Coal Production: 3.845 Mt (4.455 Mt in FY 2020) Number of mines: 2 Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.20, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 108% over the past three years.Upcoming Dividend • Sep 22Upcoming dividend of R20.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 October 2021. Trailing yield: 19%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (7.2%).Valuation Update With 7 Day Price Move • Sep 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €12.60, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 116% over the past three years.Reported Earnings • Sep 08Full year 2021 earnings released: EPS R64.64 (vs R20.42 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R19.7b (up 69% from FY 2020). Net income: R12.6b (up 218% from FY 2020). Profit margin: 64% (up from 34% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 17Upcoming Dividend of R10.00 Per ShareWill be paid on the 29th of March to those who are registered shareholders by the 24th of March. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.3%), and it is in line with industry peers (4.5%).Reported Earnings • Mar 05First half 2021 earnings released: EPS R24.99 (vs R11.02 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R9.05b (up 63% from 1H 2020). Net income: R4.87b (up 128% from 1H 2020). Profit margin: 54% (up from 38% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Feb 25New 90-day high: €17.10The company is up 25% from its price of €13.70 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 54% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.03 per share.공시 • Feb 23African Rainbow Minerals Limited to Report Fiscal Year 2021 Results on Aug 31, 2021African Rainbow Minerals Limited announced that they will report fiscal year 2021 results on Aug 31, 2021공시 • Feb 17African Rainbow Minerals Limited to Report First Half, 2021 Results on Mar 03, 2021African Rainbow Minerals Limited announced that they will report first half, 2021 results on Mar 03, 2021Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to R16.20, the stock is trading at a trailing P/E ratio of 13.4x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 15x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 143%.Is New 90 Day High Low • Jan 22New 90-day high: €16.50The company is up 28% from its price of €12.90 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.58 per share.공시 • Jan 19African Rainbow Minerals Limited, Annual General Meeting, Dec 06, 2021African Rainbow Minerals Limited, Annual General Meeting, Dec 06, 2021.Is New 90 Day High Low • Jan 05New 90-day high: €15.00The company is up 55% from its price of €9.70 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.87 per share.Is New 90 Day High Low • Dec 17New 90-day high: €14.60The company is up 40% from its price of €10.40 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.49 per share.Recent Insider Transactions • Nov 17Non-Executive Director recently sold €518k worth of stockOn the 13th of November, Michael Arnold sold around 40k shares on-market at roughly €12.96 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months.Is New 90 Day High Low • Nov 11New 90-day high: €13.40The company is up 41% from its price of €9.50 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.95 per share.Reported Earnings • Nov 01Full year earnings released - EPS €20.42Over the last 12 months the company has reported total profits of R3.97b, up 11% from the prior year. Total revenue was R11.7b over the last 12 months, up 32% from the prior year. Profit margins were 34%, which is lower than the 40% margin from last year. The decrease in margin was driven by higher expenses.Analyst Estimate Surprise Post Earnings • Nov 01Annual earnings released: Revenue beats expectationsAnnual revenue exceeded analyst estimates by 15% at R12.4b. Revenue is forecast to grow 22% over the next year, compared to a 8.1% growth forecast for the Metals and Mining industry in Germany.Valuation Update With 7 Day Price Move • Oct 21Market bids up stock over the past weekAfter last week's 18% share price gain to R12.30, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.2x. This compares to an average P/E of 13x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 137%.Valuation Update With 7 Day Price Move • Oct 17Market bids up stock over the past weekAfter last week's 19% share price gain to R11.90, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 13x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 134%.Is New 90 Day High Low • Oct 17New 90-day high: €11.90The company is up 29% from its price of €9.20 on 17 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.49 per share.공시 • Sep 30African Rainbow Minerals Limited Announces Management ChangesAfrican Rainbow Minerals Limited announced that, as announced by ARM on 31 March 2020, Ms Abigail Mukhuba has stepped down from the Board effective from 30 September 2020, being her last day as ARM Finance Director. The Board undertook a process to identify a permanent successor for Ms Mukhuba and announced the decision to appoint Ms Tsundzukani Mhlanga, the current Chief Finance Officer, as the new ARM Finance Director, with effect from and including 1 October 2020 until her appointment is approved by the shareholders at the next annual general meeting of the Company. The Board announced the decision to appoint Ms Pitsi Mnisi as a Non-executive Director of the Company with effect from and including 30 September 2020, until her appointment is approved by the shareholders at the next annual general meeting of the Company. Dr. Manana Bakane-Tuoane, an Independent Non-executive Director of ARM, has stepped down from the Board with effect from 29 September 2020. Mr. Tom Boardman, an Independent Non-Executive Director of ARM, has been appointed by the Board as a member of the Investment Committee.이익 및 매출 성장 예측DB:EB9 - 애널리스트 향후 추정치 및 과거 재무 데이터 (ZAR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202817,9834,1715,1436,86046/30/202718,9185,9045,8667,65846/30/202617,3556,2234,2696,115312/31/202513,8121,2895,1527,772N/A9/30/202512,7378103,7936,432N/A6/30/202511,6613302,4345,092N/A3/31/202511,4851,8271,7415,344N/A12/31/202411,3093,3241,0485,595N/A9/30/202411,3643,2351,1776,596N/A6/30/202411,4183,1461,3057,597N/A3/31/202411,5764,027N/AN/AN/A12/31/202311,7334,9083,2949,031N/A9/30/202313,1986,4945,87410,970N/A6/30/202314,6628,0808,45312,909N/A3/31/202316,62910,501N/AN/AN/A12/31/202218,59512,9217,84911,010N/A9/30/202217,75612,6748,35511,037N/A6/30/202216,91712,4268,86111,063N/A3/31/202217,29712,03910,47112,406N/A12/31/202117,67711,65112,08113,748N/A9/30/202118,66712,1399,55611,218N/A6/30/202119,65712,6267,0308,687N/A3/31/202117,4059,6646,0797,486N/A12/31/202015,1536,7015,1286,284N/A9/30/202013,4035,3335,4356,415N/A6/30/202011,6533,9655,7416,546N/A3/31/202010,9434,1735,1766,037N/A12/31/201910,2334,3804,6105,528N/A9/30/20199,5343,967N/A5,304N/A6/30/20198,8343,554N/A5,080N/A3/31/20198,4753,835N/AN/AN/A12/31/20188,1154,115N/A5,061N/A9/30/20188,1294,431N/A4,688N/A6/30/20188,1424,747N/A4,314N/A12/31/20178,1563,551N/A3,402N/A9/30/20178,1572,491N/A3,348N/A6/30/20178,1581,431N/A3,294N/A12/31/20168,0082,013N/A2,050N/A9/30/20168,0861,606N/A1,710N/A6/30/20168,1641,199N/A1,370N/A3/31/20168,756-1,129N/A1,764N/A12/31/20158,766-1,693N/A2,157N/A9/30/20159,015-794N/A2,757N/A6/30/20159,263104N/A3,357N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: EB9 의 연간 예상 수익 증가율(21.4%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: EB9 의 연간 수익(21.4%)이 German 시장(17.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: EB9 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: EB9 의 수익(연간 9%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: EB9 의 수익(연간 9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: EB9의 자본 수익률은 3년 후 8.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 12:00종가2026/05/25 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스African Rainbow Minerals Limited는 15명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ayan GhoshAvior Capital MarketsCaroline LearmonthBarclaysPatrick MannBofA Global Research12명의 분석가 더 보기
공시 • Aug 25African Rainbow Minerals Limited Provides Earnings Guidance for the Financial Year Ended 30 June 2023African Rainbow Minerals Limited provided earnings guidance for the Financial Year ended 30 June 2023. For the year, the company expects Basic earnings for F2023 are expected to decrease by between 33% and 42% to between ZAR 207 million and ZAR 325 million (F2022: ZAR 426 million) while basic earnings per share for F2023 are expected to decrease to between 3,679 and 4,250 cents (F2022: 6,343 cents).
공시 • Feb 17African Rainbow Minerals Limited Provides Earnings Guidance for First Half of 2023African Rainbow Minerals Limited provided earnings guidance for first half of 2023. For the period, Basic earnings per share are therefore expected to be between ZAR 2.147 cents and ZAR 2.306 cents (1H F2022: 1.988 cents). Basic earnings are expected to increase by between 8% and 16% to between R4 204 million and R4 516 million (1H F2022: R3893 million).
공시 • Feb 19African Rainbow Minerals Limited Provides Earnings Guidance for the Six Months Ended 31 December 2021African Rainbow Minerals Limited provided earnings guidance for the six months ended 31 December 2021. For the period, Headline earnings for 1H F2022 are expected to decrease by between 24% and 33% compared to the corresponding six months ended 31 December 2020 (1H F2021) to between ZAR 376 million and ZAR 830 million. Headline earnings per share are therefore expected to be between 1,733 cents and 1,966 cents. Basic earnings for 1H F2022 are expected to decrease by between 17% and 26% to between ZAR 602 million and ZAR 040 million while basic earnings per share are expected to be between 1,849 cents and 2,074 cents.
공시 • May 14Norges Bank acquired 5.02% stake in African Rainbow Minerals Limited (JSE:ARI).Norges Bank acquired 5.02% stake in African Rainbow Minerals Limited (JSE:ARI) on May 13, 2026. Norges Bank completed the acquisition of 5.02% stake in African Rainbow Minerals Limited (JSE:ARI) on May 13, 2026.
공시 • Feb 17African Rainbow Minerals Limited Announces Changes to the Board of Directors and Appointment of Chief Operating Officer, Effective February 16, 2026African Rainbow Minerals Limited announced that Dr. Patrice Motsepe retired from his position as Executive Chairman and as an employee of the Company with effect from and including February 16, 2026. Dr. Motsepe will continue to be a director of the Company, and will serve as the non-executive Chairman of the Board with effect from and including February 16, 2026 in compliance with the Listings Requirements. Dr. Motsepe is the Founder of ARM and after having performed the role of Executive Chairman of the Company for many years, has transitioned to a non-executive role. Mr. David Noko will continue in his role as the Company’s Lead Independent Non-executive Director. Also with effect from February 16, 2026, Mr. Jacob van der Bijl (“Jacques”) was appointed as the new Chief Operating Officer of the Company. Jacques is a world class mining engineer and has been working for ARM for many years.
공시 • Jan 14+ 1 more updateAfrican Rainbow Minerals Limited to Report First Half, 2026 Results on Mar 06, 2026African Rainbow Minerals Limited announced that they will report first half, 2026 results on Mar 06, 2026
공시 • Oct 29African Rainbow Minerals Limited, Annual General Meeting, Dec 05, 2025African Rainbow Minerals Limited, Annual General Meeting, Dec 05, 2025. Location: boardrooms 6 and 7, of the sandton convention centre, corner of fifth and maude streets, sandton South Africa
공시 • Apr 09African Rainbow Minerals Limited Announces Executive ChangesAfrican Rainbow Minerals Limited announced that the current Chief Executive of ARM Platinum, Mr. Hamilton Luthando Mkatshana ("Thando Mkatshana"), will be replaced by Mr. Johan Christian Jansen ("Johan Jansen") who will be the Acting Chief Executive of ARM Platinum until the permanent Chief Executive of ARM Platinum has been appointed. Johan Jansen has been with ARM Platinum for twelve years and the general managers of all of ARM's Platinum mines are currently reporting to him. Thando Mkatshana will be appointed as the Chief Executive of ARM Technical Services. In this new role his responsibilities will include the provision of technical services to the ARM Group.
공시 • Mar 07African Rainbow Minerals Limited Declares an Interim Dividend for the Six Months Ended 31 December 2024, Payable on 7 April 2025African Rainbow Minerals Limited announced for the first half of 2025, the board approved and declared an interim dividend of 450 cents per share (gross) (first half of 2024: 600 cents per share). The amount to be paid is approximately ZAR 1,011 million. A gross dividend of 450 cents per ordinary share, being the dividend for the six months ended 31 December 2024, has been declared payable on 7 April 2025 to those shareholders recorded in the books of the company at the close of business on 4 April 2025. Ordinary shares trade ex-dividend from 2 April 2025.
공시 • Feb 14+ 1 more updateAfrican Rainbow Minerals Limited to Report Fiscal Year 2025 Results on Sep 05, 2025African Rainbow Minerals Limited announced that they will report fiscal year 2025 results on Sep 05, 2025
공시 • Feb 07African Rainbow Minerals Limited Announces Changes to the Board of Directors and Board CommitteesAfrican Rainbow Minerals Limited announced changes to the ARM Board of Directors and Board committees. The Board of African Rainbow Minerals Limited announced the appointment of Ms Tshifhiwa Gladys Ramuthaga and Mr. Peter William Steenkamp as Independent Non-executive Directors of the Company with effect from and including 6 February 2025, until such appointments are confirmed by the shareholders of the Company at ARM's next annual general meeting. The Board also announces that Mr. Alexander Komope Maditsi will step down as an Independent Non- executive Director of ARM with effect from and including 30 June 2025. The Board has approved the separation of the functions of the Investment and Technical Committee by establishing an Investment Committee and a Technical Committee. The membership of these Board committees, with effect from and including 6 February 2025, is as follows: · The following Independent Non-executive Directors have been appointed as members of the Investment Committee: Mr. Bongani Nqwababa (Chairman); Mr. Frank Abbott; Mr. Thomas Andrew Boardman; Mr. Anton Dirk Botha; Mr. Brian Kennedy; Mr. A K Maditsi; Ms Pitsi Josephine Mnisi; Mr. David Collen Noko; and Mr. Jan Christiaan Steenkamp. · The following Independent Non-executive Directors have been appointed as members of the Technical Committee: Mr. J C Steenkamp (Chairman); Mr. F Abbott; Mr. D C Noko; Mr. B Nqwababa; and Mr. P W Steenkamp.
Buy Or Sell Opportunity • Nov 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.3% to €8.85. The fair value is estimated to be €11.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 35%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Reported Earnings • Nov 06Full year 2024 earnings released: EPS: R16.05 (vs R41.21 in FY 2023)Full year 2024 results: EPS: R16.05 (down from R41.21 in FY 2023). Revenue: R11.4b (down 22% from FY 2023). Net income: R3.15b (down 61% from FY 2023). Profit margin: 28% (down from 55% in FY 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €10.30, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.09 per share.
Upcoming Dividend • Sep 26Upcoming dividend of R9.00 per shareEligible shareholders must have bought the stock before 02 October 2024. Payment date: 07 October 2024. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.0%).
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €8.95, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.38 per share.
Declared Dividend • Sep 09Final dividend of R9.00 announcedShareholders will receive a dividend of R9.00. Ex-date: 2nd October 2024 Payment date: 7th October 2024 Dividend yield will be 118%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (225% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.9% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Sep 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 180% Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (28% net profit margin).
Reported Earnings • Sep 06Full year 2024 earnings released: EPS: R16.04 (vs R41.20 in FY 2023)Full year 2024 results: EPS: R16.04 (down from R41.20 in FY 2023). Revenue: R11.4b (down 22% from FY 2023). Net income: R3.15b (down 61% from FY 2023). Profit margin: 28% (down from 55% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
공시 • Sep 05+ 1 more updateAfrican Rainbow Minerals Limited Announces Board and Committee ChangesThe Board of African Rainbow Minerals Limited (ARM) announced that Mr. Alexander (Alex) Komope Maditsi is stepping down from his position as the Lead Independent Non-executive Director of ARM with effect from and including 3 September 2024. Mr. Maditsi is also stepping down from his position as the Chairman of both the Nomination Committee and the Non-executive Directors' Committee of the Company with effect from and including 3 September 2024. Mr. Maditsi will continue as an Independent Non-executive Director of the Board. The Board announced the appointment of Mr. David Collen Noko, who is an Independent Non-executive Director of the Company: as the Lead Independent Non-executive Director of ARM; to the Nomination Committee; and as the Chairman of the Nomination Committee and the Non-executive Directors' Committee, with effect from and including 3 September 2024. Mr. Noko will be stepping down from his position as the Chairman of the Investment and Technical Committee with effect from and including 3 September 2024. The Board announced the appointment of Mr. Bongani Nqwababa, who is an Independent Non-executive Director of the Company, as a member and Chairman of the Investment and Technical Committee. The company announced that Mr. Wilson Mangisi Gule will be stepping down from his position as a director of ARM with effect from and including 3 September 2024.
Buy Or Sell Opportunity • Aug 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €9.20. The fair value is estimated to be €11.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 66% in the next 2 years.
Buy Or Sell Opportunity • Jul 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to €12.20. The fair value is estimated to be €10.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.
Buy Or Sell Opportunity • May 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to €11.40. The fair value is estimated to be €9.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 39% in the next 2 years.
Buy Or Sell Opportunity • Apr 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €9.70. The fair value is estimated to be €7.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 71% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €8.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.92 per share.
Upcoming Dividend • Mar 27Upcoming dividend of R6.00 per shareEligible shareholders must have bought the stock before 03 April 2024. Payment date: 08 April 2024. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.2%).
Reported Earnings • Mar 12First half 2024 earnings released: EPS: R6.20 (vs R22.38 in 1H 2023)First half 2024 results: EPS: R6.20 (down from R22.38 in 1H 2023). Revenue: R5.82b (down 34% from 1H 2023). Net income: R1.22b (down 72% from 1H 2023). Profit margin: 21% (down from 50% in 1H 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Mar 11First half dividend of R6.00 announcedShareholders will receive a dividend of R6.00. Ex-date: 3rd April 2024 Payment date: 8th April 2024 Dividend yield will be 75%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) nor is it covered by cash flows (155% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 24% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Mar 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 42% Last year net profit margin: 69% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Cash payout ratio: 155% Minor Risk Profit margins are more than 30% lower than last year (42% net profit margin).
공시 • Mar 08African Rainbow Minerals Limited Announces Interim Dividend for the Six Months Ended 31 December, 2023, Payable on 8 April 2024African Rainbow Minerals Limited announced that for the six months ended 31 December, 2023, the board approved and declared an interim dividend of 600 cents per share (gross) (first half 2023: 1,400 cents per share). The amount to be paid is approximately ZAR 1,348 million. The dividend is payable on 8 April 2024 to those shareholders recorded in the books of the Company at the close of business on 5 April 2024.
공시 • Feb 01African Rainbow Minerals Limited to Report Fiscal Year 2024 Results on Sep 06, 2024African Rainbow Minerals Limited announced that they will report fiscal year 2024 results on Sep 06, 2024
공시 • Dec 11African Rainbow Minerals Limited Announces Audit and Risk Committee AppointmentsAfrican Rainbow Minerals Limited at its Annual General Meeting held on 8 December 2023, approved appointment of Mr. F Abbott and Mr. B Nqwababa as Audit and Risk Committee Members.
공시 • Nov 25African Rainbow Minerals Limited (JSE:ARI) signed an agreement to acquire 50% Participation Interest in Nkomati mine from Norilsk Nickel Africa Proprietary Limited for R1 million.African Rainbow Minerals Limited (JSE:ARI) signed an agreement to acquire 50% Participation Interest in Nkomati mine from Norilsk Nickel Africa Proprietary Limited for R1 million on November 24, 2023. The PSA provides for terms customary in agreements of this nature and includes (amongst other things): (i) limitations on liability and certain negotiated warranties, indemnities and undertakings; (ii) provisions governing the operation of the Nkomati mine during the interim period; and (iii) customary termination rights. The existing partnership agreement between ARM and NNAf in relation to the Nkomati mine will terminate immediately following successful closing of the Transaction on the closing date. The Transaction is subject to certain conditions precedent, including, but not limited to: - approval from the South African Competition Authorities in terms of the Competition Act, 89 of 1998; and - consent in terms of Section 11 of the Mineral and Petroleum Resources Development Act, 28 of 2002 ("MPRDA"). The Transaction is expected to close during 2024.
공시 • Oct 27African Rainbow Minerals Limited, Annual General Meeting, Dec 08, 2023African Rainbow Minerals Limited, Annual General Meeting, Dec 08, 2023, at 13:00 South Africa Standard Time. Location: Sandton Convention Centre corner of Fifth and Maude Streets Sandton South Africa
Valuation Update With 7 Day Price Move • Oct 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.05, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.74 per share.
Upcoming Dividend • Sep 27Upcoming dividend of R12.00 per share at 16% yieldEligible shareholders must have bought the stock before 04 October 2023. Payment date: 09 October 2023. Payout ratio is a comfortable 63% and the cash payout ratio is 79%. Trailing yield: 16%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (8.9%).
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €8.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.42 per share.
공시 • Sep 05African Rainbow Minerals Limited Announces Final Cash Dividend Declaration for the Financial Year Ended 30 June 2023African Rainbow Minerals Limited announced that a final dividend of ZAR 12.00 per share is declared (F2022: ZAR 20.00 per share). A gross dividend of ZAR 12.00 per ordinary share, being the dividend for the year ended 30 June 2023, has been declared payable on 9 October 2023 to those shareholders recorded in the books of the company at the close of business on 6 October 2023.
공시 • Aug 25African Rainbow Minerals Limited Provides Earnings Guidance for the Financial Year Ended 30 June 2023African Rainbow Minerals Limited provided earnings guidance for the Financial Year ended 30 June 2023. For the year, the company expects Basic earnings for F2023 are expected to decrease by between 33% and 42% to between ZAR 207 million and ZAR 325 million (F2022: ZAR 426 million) while basic earnings per share for F2023 are expected to decrease to between 3,679 and 4,250 cents (F2022: 6,343 cents).
Buying Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €13.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to decline by 36% in the next 2 years.
Upcoming Dividend • Mar 22Upcoming dividend of R14.00 per share at 14% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 52% and the cash payout ratio is 80%. Trailing yield: 14%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (8.6%).
Buying Opportunity • Feb 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €17.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 0.2% per annum over the same time period.
공시 • Feb 17African Rainbow Minerals Limited Provides Earnings Guidance for First Half of 2023African Rainbow Minerals Limited provided earnings guidance for first half of 2023. For the period, Basic earnings per share are therefore expected to be between ZAR 2.147 cents and ZAR 2.306 cents (1H F2022: 1.988 cents). Basic earnings are expected to increase by between 8% and 16% to between R4 204 million and R4 516 million (1H F2022: R3893 million).
공시 • Jan 22+ 1 more updateAfrican Rainbow Minerals Limited to Report Fiscal Year 2023 Results on Sep 04, 2023African Rainbow Minerals Limited announced that they will report fiscal year 2023 results on Sep 04, 2023
Recent Insider Transactions • Nov 18Non-Executive Director recently sold €543k worth of stockOn the 14th of November, Michael Arnold sold around 33k shares on-market at roughly €16.31 per share. This transaction amounted to 51% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €12.90, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.61 per share.
Upcoming Dividend • Sep 21Upcoming dividend of R20.00 per shareEligible shareholders must have bought the stock before 28 September 2022. Payment date: 03 October 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (10%).
Reported Earnings • Sep 07Full year 2022 earnings released: EPS: R63.43 (vs R64.64 in FY 2021)Full year 2022 results: EPS: R63.43 (down from R64.64 in FY 2021). Revenue: R16.9b (down 14% from FY 2021). Net income: R12.4b (down 1.6% from FY 2021). Profit margin: 74% (up from 64% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to €14.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 80% over the past three years.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €13.90, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 79% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of R12.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 April 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 14%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (8.1%).
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to €18.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 154% over the past three years.
공시 • Mar 05African Rainbow Minerals Limited Announced Interim Dividend for First Half Ended December 31, 2021, Payable on April 4, 2022African Rainbow Minerals Limited announced that the Board approved and declared an interim dividend of 1,200 cents per share for the six months ended December 31, 2021, has been declared payable on April 4, 2022 to those shareholders recorded in the books of the company at the close of business on 1 April 2022.
공시 • Feb 19African Rainbow Minerals Limited Provides Earnings Guidance for the Six Months Ended 31 December 2021African Rainbow Minerals Limited provided earnings guidance for the six months ended 31 December 2021. For the period, Headline earnings for 1H F2022 are expected to decrease by between 24% and 33% compared to the corresponding six months ended 31 December 2020 (1H F2021) to between ZAR 376 million and ZAR 830 million. Headline earnings per share are therefore expected to be between 1,733 cents and 1,966 cents. Basic earnings for 1H F2022 are expected to decrease by between 17% and 26% to between ZAR 602 million and ZAR 040 million while basic earnings per share are expected to be between 1,849 cents and 2,074 cents.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to €15.20, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 111% over the past three years.
Reported Earnings • Oct 22Full year 2021 earnings released: EPS R64.64 (vs R20.42 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R19.7b (up 69% from FY 2020). Net income: R12.6b (up 218% from FY 2020). Profit margin: 64% (up from 34% in FY 2020). The increase in margin was primarily driven by higher revenue. Production and reserves: Gold Production: 1,537.6 troy koz (1,219.4 troy koz in FY 2020) Number of mines: 3 Iron Production: 7.965 Mt (8.046 Mt in FY 2020) Proved and probable reserves (ore): 483.2 Mt Number of mines: 3 Coal Production: 3.845 Mt (4.455 Mt in FY 2020) Number of mines: 2 Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.20, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 108% over the past three years.
Upcoming Dividend • Sep 22Upcoming dividend of R20.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 October 2021. Trailing yield: 19%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (7.2%).
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €12.60, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Sep 08Full year 2021 earnings released: EPS R64.64 (vs R20.42 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R19.7b (up 69% from FY 2020). Net income: R12.6b (up 218% from FY 2020). Profit margin: 64% (up from 34% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 17Upcoming Dividend of R10.00 Per ShareWill be paid on the 29th of March to those who are registered shareholders by the 24th of March. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.3%), and it is in line with industry peers (4.5%).
Reported Earnings • Mar 05First half 2021 earnings released: EPS R24.99 (vs R11.02 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R9.05b (up 63% from 1H 2020). Net income: R4.87b (up 128% from 1H 2020). Profit margin: 54% (up from 38% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Feb 25New 90-day high: €17.10The company is up 25% from its price of €13.70 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 54% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.03 per share.
공시 • Feb 23African Rainbow Minerals Limited to Report Fiscal Year 2021 Results on Aug 31, 2021African Rainbow Minerals Limited announced that they will report fiscal year 2021 results on Aug 31, 2021
공시 • Feb 17African Rainbow Minerals Limited to Report First Half, 2021 Results on Mar 03, 2021African Rainbow Minerals Limited announced that they will report first half, 2021 results on Mar 03, 2021
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to R16.20, the stock is trading at a trailing P/E ratio of 13.4x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 15x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 143%.
Is New 90 Day High Low • Jan 22New 90-day high: €16.50The company is up 28% from its price of €12.90 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.58 per share.
공시 • Jan 19African Rainbow Minerals Limited, Annual General Meeting, Dec 06, 2021African Rainbow Minerals Limited, Annual General Meeting, Dec 06, 2021.
Is New 90 Day High Low • Jan 05New 90-day high: €15.00The company is up 55% from its price of €9.70 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.87 per share.
Is New 90 Day High Low • Dec 17New 90-day high: €14.60The company is up 40% from its price of €10.40 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.49 per share.
Recent Insider Transactions • Nov 17Non-Executive Director recently sold €518k worth of stockOn the 13th of November, Michael Arnold sold around 40k shares on-market at roughly €12.96 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months.
Is New 90 Day High Low • Nov 11New 90-day high: €13.40The company is up 41% from its price of €9.50 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.95 per share.
Reported Earnings • Nov 01Full year earnings released - EPS €20.42Over the last 12 months the company has reported total profits of R3.97b, up 11% from the prior year. Total revenue was R11.7b over the last 12 months, up 32% from the prior year. Profit margins were 34%, which is lower than the 40% margin from last year. The decrease in margin was driven by higher expenses.
Analyst Estimate Surprise Post Earnings • Nov 01Annual earnings released: Revenue beats expectationsAnnual revenue exceeded analyst estimates by 15% at R12.4b. Revenue is forecast to grow 22% over the next year, compared to a 8.1% growth forecast for the Metals and Mining industry in Germany.
Valuation Update With 7 Day Price Move • Oct 21Market bids up stock over the past weekAfter last week's 18% share price gain to R12.30, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.2x. This compares to an average P/E of 13x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 137%.
Valuation Update With 7 Day Price Move • Oct 17Market bids up stock over the past weekAfter last week's 19% share price gain to R11.90, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 13x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 134%.
Is New 90 Day High Low • Oct 17New 90-day high: €11.90The company is up 29% from its price of €9.20 on 17 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.49 per share.
공시 • Sep 30African Rainbow Minerals Limited Announces Management ChangesAfrican Rainbow Minerals Limited announced that, as announced by ARM on 31 March 2020, Ms Abigail Mukhuba has stepped down from the Board effective from 30 September 2020, being her last day as ARM Finance Director. The Board undertook a process to identify a permanent successor for Ms Mukhuba and announced the decision to appoint Ms Tsundzukani Mhlanga, the current Chief Finance Officer, as the new ARM Finance Director, with effect from and including 1 October 2020 until her appointment is approved by the shareholders at the next annual general meeting of the Company. The Board announced the decision to appoint Ms Pitsi Mnisi as a Non-executive Director of the Company with effect from and including 30 September 2020, until her appointment is approved by the shareholders at the next annual general meeting of the Company. Dr. Manana Bakane-Tuoane, an Independent Non-executive Director of ARM, has stepped down from the Board with effect from 29 September 2020. Mr. Tom Boardman, an Independent Non-Executive Director of ARM, has been appointed by the Board as a member of the Investment Committee.